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Cullumber Company had net accounts receivable of $200,000 on January 1, 2022. The only transactions...

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Accounting

Cullumber Company had net accounts receivable of $200,000 on January 1, 2022. The only transactions that affected accounts receivable during 2022 were net credit sales of $900,000. At December 31, 2022, the company had net receivables of $250,000. (a) Your answer is incorrect. Compute the accounts receivable turnover for 2022. Accounts receivable turnover
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Cullumber Company had net accounts receivable of $200,000 on January 1,2022 . The only transactions that affected accounts receivable during 2022 were net credit sales of $900,000. At December 31,2022 , the company had net receivables of $250,000. (a) Your answer is incorrect. Compute the accounts receivable turnover for 2022. Accounts receivable turnover

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